Education Benefits

Tuition Exemption

Part-time professionals are eligible for:

One (1) TC credit for every $500 of appointment salary, to a maximum of three (3) credits per semester and no more than nine (9) credits per year at TCOne
(1) CU credit for every $500 of appointment salary, to a maximum of three (3) credits per semester and no more than six (6) credits per year but only for graduate coursework.

Must be enrolled in a graduate degree-granting program.

Tuition Tax & Tuition Tax Exemption

Tuition Tax

Current tax law requires employees to pay taxes on graduate tuition exemption benefits if it exceeds $5,250 per calendar year. The College will withhold taxes on such benefits during the calendar year in which it is used.

Tuition Tax Exemption

Full-time Executive, Full-time Instructors, Full-time Professional Staff, Part-Time Professional Staff, Administrative Fellows, Part-Time Instructors, and Community Teachers employees using tuition exemption benefits for their own personal graduate-level education at the College may be able to certify that their education is job-related per IRS tax regulations.

These regulations allow the value of clearly job-related graduate programs and courses to be eligible for federal tax exemption if they meet the strict IRS criteria. This policy does not apply to courses or programs not covered by Tuition Exemption, including those taken outside of Teachers College and Doctoral programs (per IRS regulations, the value of employer-paid doctoral courses or programs is never exempt from taxes).

To certify that your education is job-related per IRS tax regulations, review the Tuition Exemption Policy and review the Job-Related Graduate Education Certification: Employee Instructions.

Complete the following:

Tuition Tax Schedule

	Paid Weekly	Paid Bi-Weekly	Paid Semi-Monthly
Fall*	9 equal installments starting with the third pay period in October	Four (4) equal installments starting with the second pay period in October	Five (5) equal installments starting with the first pay period in October
Spring	14 equal installments starting with the fourth pay period in February	Seven (7) equal installments starting with the second pay period in February	Seven (7) equal installments starting in February
Summer	16 equal installments starting with the third pay period in June	Five (5) to six (6) equal installments starting in June and ending in September	Five (5) to six (6) equal installments starting in July

Education Benefits